Zacks Research Issues Positive Forecast for SMG Earnings

The Scotts Miracle-Gro Company (NYSE:SMG - Free Report) - Zacks Research increased their Q3 2025 earnings per share (EPS) estimates for Scotts Miracle-Gro in a research note issued to investors on Tuesday, May 20th. Zacks Research analyst R. Department now expects that the basic materials company will earn $2.07 per share for the quarter, up from their prior estimate of $2.04. The consensus estimate for Scotts Miracle-Gro's current full-year earnings is $3.42 per share. Zacks Research also issued estimates for Scotts Miracle-Gro's Q4 2025 earnings at ($1.86) EPS, FY2025 earnings at $3.30 EPS, Q1 2026 earnings at ($1.09) EPS, Q3 2026 earnings at $2.11 EPS, Q4 2026 earnings at ($1.59) EPS, Q1 2027 earnings at ($1.05) EPS and Q2 2027 earnings at $4.52 EPS.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. lowered their price target on shares of Scotts Miracle-Gro from $80.00 to $65.00 and set an "overweight" rating on the stock in a report on Thursday, May 1st. Wells Fargo & Company lifted their target price on shares of Scotts Miracle-Gro from $65.00 to $67.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. Jefferies Financial Group raised shares of Scotts Miracle-Gro from a "hold" rating to a "buy" rating and dropped their target price for the stock from $72.00 to $69.00 in a report on Monday, April 7th. Stifel Nicolaus raised Scotts Miracle-Gro from a "hold" rating to a "buy" rating and decreased their price target for the company from $78.00 to $70.00 in a report on Tuesday, March 4th. Finally, UBS Group dropped their price objective on Scotts Miracle-Gro from $55.00 to $54.00 and set a "neutral" rating for the company in a research note on Thursday, May 1st. One analyst has rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, Scotts Miracle-Gro presently has an average rating of "Moderate Buy" and an average price target of $65.83.

Scotts Miracle-Gro Stock Down 0.3%

SMG traded down $0.20 during midday trading on Friday, reaching $60.35. The company had a trading volume of 174,626 shares, compared to its average volume of 960,705. Scotts Miracle-Gro has a 1 year low of $45.61 and a 1 year high of $93.90. The company has a market cap of $3.48 billion, a P/E ratio of -125.82 and a beta of 1.98. The business has a 50-day moving average of $55.14 and a two-hundred day moving average of $63.96.

Scotts Miracle-Gro (NYSE:SMG - Get Free Report) last announced its earnings results on Wednesday, April 30th. The basic materials company reported $3.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.95 by $0.03. Scotts Miracle-Gro had a negative net margin of 0.67% and a negative return on equity of 51.48%. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the business posted $3.69 earnings per share. The firm's quarterly revenue was down 6.8% compared to the same quarter last year.

Scotts Miracle-Gro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Shareholders of record on Friday, May 23rd will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.37%. The ex-dividend date of this dividend is Friday, May 23rd. Scotts Miracle-Gro's dividend payout ratio (DPR) is presently 528.00%.

Institutional Investors Weigh In On Scotts Miracle-Gro

Large investors have recently made changes to their positions in the company. Atala Financial Inc purchased a new position in Scotts Miracle-Gro during the 4th quarter valued at approximately $25,000. SBI Securities Co. Ltd. purchased a new position in shares of Scotts Miracle-Gro in the fourth quarter valued at $26,000. Spire Wealth Management grew its holdings in shares of Scotts Miracle-Gro by 477.9% in the first quarter. Spire Wealth Management now owns 549 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 454 shares in the last quarter. UMB Bank n.a. increased its position in Scotts Miracle-Gro by 479.4% in the first quarter. UMB Bank n.a. now owns 562 shares of the basic materials company's stock worth $31,000 after purchasing an additional 465 shares during the last quarter. Finally, Tortoise Investment Management LLC increased its position in Scotts Miracle-Gro by 77.3% in the fourth quarter. Tortoise Investment Management LLC now owns 516 shares of the basic materials company's stock worth $34,000 after purchasing an additional 225 shares during the last quarter. 74.07% of the stock is owned by institutional investors.

About Scotts Miracle-Gro

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions.